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About us

About ParkET

We're building the infrastructure for modern, cashless urban parking in Ethiopia — starting with Addis Ababa.

Our mission

Making Ethiopian cities easier to navigate

Addis Ababa has over 1.2 million registered vehicles and a growing urban population. Yet parking remains a cash-based, paper-ticket system that creates friction for drivers, wardens, and city administrators alike.

ParkET exists to change that. We connect Ethiopia's existing mobile money infrastructure — Telebirr — to the urban parking system, making it effortless to find a spot, pay in seconds, and verify compliance digitally.

We are not just building a parking app. We are building the data layer for smarter Ethiopian cities.

🏙️

Founded in Addis Ababa

ParkET was founded in 2024 by a team of Ethiopian engineers, product designers, and urban mobility experts with a shared belief: that Ethiopian cities deserve world-class infrastructure built by Ethiopians.

The opportunity

Why ParkET, why now

1.2M+
Registered vehicles in Addis
42M
Active Telebirr users in Ethiopia
0
Existing digital parking platforms
100%
Cash parking market — untapped
What drives us

Our values

🇪🇹

Ethiopia first

We build for Ethiopian users, with Ethiopian infrastructure, by Ethiopian talent. We don't import foreign solutions — we design from the ground up for our context.

Radical simplicity

Every feature earns its place. If it takes more than 3 taps, we redesign it. Simplicity is not a constraint — it is our competitive advantage.

🔒

Trust through transparency

Every birr collected is accounted for. We give drivers receipts, wardens audit trails, and administrators real-time visibility. No black boxes.

🌱

Built to grow

Addis Ababa is our starting point, not our finish line. We architect ParkET to scale across every Ethiopian city, and eventually across East Africa.

🤝

Partnership over disruption

We work with city authorities, not around them. ParkET amplifies human wardens and city revenue — it does not replace them.

📊

Data for better cities

Every parking session generates insights. We turn transaction data into city-planning intelligence that makes Addis a better place to live and drive.

The team

Built by Ethiopians, for Ethiopia

Our founding team combines deep expertise in mobile payments, urban infrastructure, and product engineering.

YA

Yonas Alemu

Co-Founder & CEO

Former Ethio Telecom · 10 yrs fintech

ST

Sara Tekle

Co-Founder & CTO

AAU CS · Mobile payments engineer

DG

Dawit Girma

Head of Operations

Former AACRA · City infrastructure

HB

Hiwot Bekele

Head of Product

UX designer · 8 yrs mobile apps

Want to work with us?

We're always looking for talented people who want to build the future of Ethiopian cities.

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